Finance Monthly - March 2023

Finance Monthly. Bank i ng & F i nanc i a l Se r v i ce s 37 2022 was another unpredictable year. For businesses in the UK, political instability, including the fallout from Brexit, three Prime Ministers and four chancellors, has set the stage for continued uncertainty in 2023. Rising levels of inflation and ongoing fears of a recession have left fear in the markets, with foreign investors turning away from unpredictability and risky investments around international growth. Throughout 2023, businesses will continue to be confronted with challenges, but many will still be looking for growth opportunities. The ability to deal with unpredictability is more crucial than ever for the finance team. Run efficiently, they are at the centre of strategic leadership, ensuring businesses are making the correct and most responsible investments, while recognising that the funding market and growth-atall-costs agenda has changed significantly. Below we explore four key trends we can expect for finance teams to see success this year.

RkJQdWJsaXNoZXIy Mjk3Mzkz